What does a share market index do?

Please to post your comment.

1 Answer 538
Donna Brown

Answered 8 months ago

An index tracks ASX-listed companies and is used as a reference point to measure the combined performance of their shares.

Once every three months on behalf of the ASX, S&P Dow Jones Indices checks to see that the companies listed on the index are still eligible by market capitalisation and if not, they switch the companies around to reflect that.

Please to post your comment.